An Asynchronous Double Auction Market to Study the Formation of Financial Bubbles and Crashes

Benhammada, Sadek; Amblard, Frédéric; Chikhi, Salim

doi:10.1007/s00354-017-0010-6

Cited by 5 publications

(3 citation statements)

References 37 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Market: This entity allows customers and providers of services (in our paper cloud services) to interact to facilitate transactions [30]. In other words, this entity supports market-based mechanism for trading cloud resources.…”

Section: Agents and Entities Of The Market-based Systemmentioning

confidence: 99%

A real-world inspired multi-strategy based negotiating system for cloud service market

2018

View full text Add to dashboard Cite

Designing negotiator agents who adopt real-world inspired negotiation strategies in front of different types of negotiation scenario increases the chance of having better utility and success rate in negotiation-based cloud resource allocation. To realize real-world inspired multi-strategy based negotiating system for cloud marketplace, three following issues are focused in this paper: 1) Designing a new negotiation_strategy_basket with the aim of approaching the strategies of the real-world negotiation markets, 2) Modeling the critical condition of the cloud trading market, and 3) Adopting a new fuzzy decision system (i.e., Fuzzy Negotiation Strategy Selection System (FNSSDS)) for conducting negotiator agents of type resource providers and resource customers in how to select a suitable negotiation strategy from negotiation_strategy_basket according to the critical condition of the cloud trading market. We perform extensive simulation experiments to compare the performance of the proposed negotiator agents with the well known negotiator agents in name MDA (Market Driven Agent). The results show that the proposed negotiation agents outperform the MDAs.

show abstract

Section: Agents and Entities Of The Market-based Systemmentioning

confidence: 99%

A real-world inspired multi-strategy based negotiating system for cloud service market

2018

View full text Add to dashboard Cite

show abstract

“…Boer et al [10] discussed the property of asynchronous trading in¯nancial markets. Benhammada et al [6] proposed controlling the time interval between cause and e®ect in a decision-making process to implement an asynchronous trading property in an arti¯cial market system. Scalas et al [54] investigated the e®ect of waiting time in¯nancial markets.…”

Section: Asynchrony Between the Inside And The Outside Of A Marketmentioning

confidence: 99%

“…Because of Eqs. (5), (6), the high price is di®used throughout the market. This is why a small value of sigma leads to intermittent behavior.…”

Section: Asynchronous Trading Represented By Order Restrictionmentioning

confidence: 99%

Intermittent Behavior Induced by Asynchronous Interactions in a Continuous Double Auction Model

Sasai

Gunji

Kinoshita

2017

Advs. Complex Syst.

View full text Add to dashboard Cite

Continuous asynchronous trading activity is a key to understanding real-world market behavior. However, it is not easy to implement an agent-based computational market model because of the ambiguity between time and space. In this study, we use a model of asynchrony in a continuous double auction market in the form of noise and order restrictions to link inside-and outside-uncertainties in the economic system. Our model shows intermittent behavior with a small parameter value, which leads to the misapplication of the price-update rule, and consequently drives burst behavior. The statistical property of time development shows a similar tendency to that in previous empirical studies. Thus, it demonstrates the relationship between the asynchronous property and the complexity of economic systems.

show abstract

An Agent-Based Model to Study Informational Cascades in Financial Markets

2021

View full text Add to dashboard Cite

An Asynchronous Double Auction Market to Study the Formation of Financial Bubbles and Crashes

Cited by 5 publications

References 37 publications

A real-world inspired multi-strategy based negotiating system for cloud service market

A real-world inspired multi-strategy based negotiating system for cloud service market

Intermittent Behavior Induced by Asynchronous Interactions in a Continuous Double Auction Model

An Agent-Based Model to Study Informational Cascades in Financial Markets

Contact Info

Product

Resources

About